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Senior Portfolio Manager
1 month ago
As a Senior Portfolio Manager at Stryker Corporation, you will play a key role in advancing innovation in advanced life support technologies. You will support the ALS Portfolio within Stryker Medical's Emergency Care business, which includes the power brand of LIFEPAK monitor/defibrillators. Your primary responsibility will be to compile and evaluate research on customer needs in the Emergency Care market and translate those needs into specifications for future generation products.
Key Responsibilities:
- Gather and collate competitive information to drive insights
- Anticipate the needs of customers and patients and create a superior value proposition
- Obtain insights by leveraging key opinion leaders
- Understand customers and optimizes value proposition
- Analyze the validity and reliability of market research results. Understand statistical significance and basic hypothesis testing.
- Effectively use and interpret qualitative and quantitative research
- Utilize market research and third-party data to identify key industry trends
- Collaborate cross-departmentally to lead the new product development (NPDP) process
- Understand new product development process and its effect on the business
- Build financial business case model to support new product development funding and product return on investment
- Responsible for delivering the business objective, marketing objective and leading the discovery process for the pre-commercialization plan
- Leverage core competencies and the strategic assets of the organization to maximize new product development and launch planning
- Partner with Clinical Affairs to propose research objectives for evidence generation (Clinical studies, research papers, etc.)
- Understand the costs of acquiring new customers vs. retaining current customers
- Understand how to target customers based off of total market potential and opportunity
- Understand potential sources of new volume within current customer segment or outside of the current segment and the financial tradeoffs for pursuing each
- Understand and predict sales trends in the market
- Research key factors, measurements and variables used in forecasting
- Create and communicate a value proposition
- Define performance criteria used for evaluating business trends and activities
Requirements:
- Bachelor's degree required
- 6+ years of work experience required
- 3+ years medical device, marketing experience, or clinical experience preferred
- Excellent presentation and interpersonal communications skills
- Strong analytical and problem-solving skills
- Ability to manage multiple projects while delivering on established timelines
- Ability to be persuasive in the absence of organizational authority
What We Offer:
Stryker Corporation is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status. Stryker is an EO employer - M/F/Veteran/Disability.